Greetings,
The United States: The uncertainty index eased.

Europe: Norway’s underlying inflation moved higher last month.

Cryptocurrency: The iShares Bitcoin Trust ETF (IBIT) surpassed $50 billion in assets in just 227 days, achieving this milestone five times faster than the previous record-holder, IEMG, which took 1,323 days. IEFA and VOO reached similar levels in comparable time frames.

Equities: Near-term risk appetite and outlook for US equities among institutional investors remain elevated.

Alternatives: Hedge funds’ returns have fallen short of wealth managers’ projections.

Credit: High-yield new-issue volume increased last week as the window for deal-making this year narrows.

Food for Thought: Perceptions of what qualifies as art among Britons:

Edited by Josh Oldmixon
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